MTNZF RESULTS OF THE WRITTEN RESOLUTION OF SHAREHOLDERS MTN Zakhele Futhi (RF) Limited (Incorporated in the Republic of South Africa) (Date of incorporation: 21 June 2016) (Registration number: 2016/268837/06) JSE share code: MTNZF ISIN: ZAE000279402 LEI: 378900429C4F73B1BE74 (“MTNZF” or the “Company”) RESULTS OF THE WRITTEN RESOLUTION OF SHAREHOLDERS Written resolution MTNZF shareholders ("Shareholders") are referred to the announcement released on the Stock Exchange News Service (“SENS”) of the JSE Limited ("JSE") on 5 June 2020, regarding the submission to Shareholders of a notice of written resolution (“Resolution”) proposed to be adopted in terms of section 60 of the Companies Act, 71 of 2008, as amended (“Companies Act”). On 29 June 2020, Shareholders were advised that the Resolution had received the support of persons exercising sufficient voting rights for the Resolution to be adopted in terms of section 60(2)(a) of the Companies Act (being 75% of the voting rights entitled to be exercised on the Resolution), and had been filed with the Companies and Intellectual Property Commission. The statement below describes the complete set of voting results. As at Friday, 29 May 2020, being the Voting Record Date, the MTNZF share capital was as follows: - The total number of ordinary shares in issue was 123 416 818; and - The total number of preference shares in issue was 959 848. The number of shares voted in person or by proxy was as follows: - 47 737 030 ordinary shares, being 39% of MTNZF’s issued ordinary shares at the Voting Record Date; and - 959 848 preference shares, being 100% of MTNZF’s issued preference shares at the Voting Record Date. The voting results were as follows: Ordinary Shares SHARES TOTAL SHARES VOTED ABSTAINED FOR AGAINST (%) NUMBER %* %* RESOLUTION (%) 99.94 0.02 47 737 030 38.66 0.02 Written resolution *Expressed as a percentage of 123 416 818 MTNZF ordinary shares in issue as at the Voting Record Date. 1 Preference shares SHARES TOTAL SHARES VOTED ABSTAINED FOR AGAINST (%) NUMBER %** %** RESOLUTION (%) 100.00 0.00 959 848 100.00 0.00 Written resolution **Expressed as a percentage of 959 848 MTNZF preference shares in issue as at the Voting Record Date. This announcement constitutes delivery of the statement required in terms of section 60(4) of the Companies Act. SizweNtalubaGobodo Grant Thornton Inc. issued a factual finding report on the results. Johannesburg 14 July 2020 JSE Sponsor: Tamela Holdings Proprietary Limited 2 Date: 14-07-2020 10:30:00 Produced by the JSE SENS Department. The SENS service is an information dissemination service administered by the JSE Limited ('JSE'). The JSE does not, whether expressly, tacitly or implicitly, represent, warrant or in any way guarantee the truth, accuracy or completeness of the information published on SENS. The JSE, their officers, employees and agents accept no liability for (or in respect of) any direct, indirect, incidental or consequential loss or damage of any kind or nature, howsoever arising, from the use of SENS or the use of, or reliance on, information disseminated through SENS.